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The 2016 EU Industrial R&D Investment Scoreboard

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Abstract

The 2016 edition of the EU Industrial R&D Investment Scoreboard (the Scoreboard) analyses the 2500 companies investing the largest sums in R&D in the world in the fiscal year 2015. It comprises companies based in the EU (590), the US (837), Japan (356), China (327), Taiwan (111), South Korea (75), Switzerland (58) and further 20 countries. This Scoreboard edition shows significant worldwide rise of corporate R&D, driven by high-tech industries. Revenues declined mostly due to low-tech sectors. Top 2500 Scoreboard firms invested in R&D €692.3bn in 2015, increase of 6.6% vs. 2014, similar growth than year before (6.8%). EU companies increased R&D above world's and US's growth rates in 2015. Asian companies continued to show large R&D growth but slowdown in revenues growth. Growth was driven by companies operating in the largest R&D-investing industries (ICT, health and auto, that also increased significantly net sales, while the overall fall in net sales was mostly due low-tech sectors and in particular due to oil-related companies. The Software industry showed the highest R&D growth worldwide, led by global software firms. In addition, notable R&D growth of non-EU companies dominated by high-tech sectors (mostly by US and Chinese companies) while growth of net sales greatly varied across sectors and countries. Among top 50 R&D investors, there are 15 EU companies, same as in last ranking and 30 firms among top 100, one more than last year. The two top investors are Volkswagen (€13.6bn) in 1st place and Samsung (€12.5bn) from KOR in 2nd. The other firms in top-ten are Intel, Alphabet and Microsoft (€11.0bn) from the US; Novartis (€9.0bn) and Roche (€8.6bn) from Switzerland; Huawei (€8.4bn) from China; Johnson & Johnson (€8.3bn) from the US and Toyota Motor (€8.0bn) from Japan.

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  • Hector Hernandez Guevara & Fernando Hervas Soriano & Alexander Tuebke & Antonio Vezzani & Sara Amoroso & Alexander Coad & Petros Gkotsis & Nicola Grassano, 2017. "The 2016 EU Industrial R&D Investment Scoreboard," JRC Research Reports JRC103716, Joint Research Centre.
  • Handle: RePEc:ipt:iptwpa:jrc103716
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    Cited by:

    1. Ingenbleek, Paul T.M. & Zhao, Yuan, 2018. "Hutten catering: how to organize innovation for vital consumers in a sustainable food system?," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association, vol. 21(5).
    2. Coad, Alex, 2019. "Persistent heterogeneity of R&D intensities within sectors: Evidence and policy implications," Research Policy, Elsevier, vol. 48(1), pages 37-50.
    3. Petros Gkotsis & Antonio Vezzani, 2019. "Heterogeneity of technology-specific R&D investments. Evidence from top R&D investors worldwide," JRC Working Papers on Corporate R&D and Innovation 2018-04, Joint Research Centre.

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    Keywords

    Industrial R&D; top R&D investors; innovation; company performance; economic and innovation performance;
    All these keywords.

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